Melissa is a self-employed lawyer who chooses a higher-priced restaurant 2 miles from home over a cheaper restaurant 15 miles fr
om home. Which of the following is the most likely explanation for her behavior? a.The opportunity cost of her time is very low.
b.She doesn't take travel time into consideration.
c.She doesn't like to cook or doesn't know how.
d.The prices at the more expensive restaurant understate the opportunity cost of eating there.
e.The higher monetary cost of the more expensive restaurant is offset by the higher opportunity cost of the lower-priced restaurant
This is a case of Food safety fraud by Penanut corporation of America and the culprits where sentenced to prison in Albany,Georgia
Explanation:
In the above mentioned case the managers (c)who shipped the product knowing that it was contaminated where also punished .
The managers where punished for their role in shipping the salmonella -positive peanut product,for falsifying the microbiological results.
The evidence of the trial reflected that tainted food shipping led to a salmonella outbreak in 2009 with more than 700 reported cases of salmonella poisoning in 46 states.
nonprofits have a social mission, while for-profits aim to offer products and services that are valuable and that make them a tom of money. Then they get money. and also non profits don't make a profit they just pay for themselves and their product.. 0 profit
Term insurance is significantly cheaper compared to other type of insurance because it only cover risk plan without considering potential return in the future. The amount of term insurance usually paid at a fixed rate on a limited period of time.
